Bank Secrecy Act Specialist

Overview

The BSA Specialist will be responsible for various functions within the BSA/AML Compliance area, an area of substantial importance with regard to regulatory compliance.

Principal Duties & Responsibilities:

• Directly responsible for a specific BSA/AML functions with full accountability for timely analysis, documentation and follow-up. May include monitoring alert resolution, unusual and BSA referrals, lending referrals, and employee reviews as needed.

• Performs functions related to regulatory deadlines such as processing and inputting of Currency Transaction reports, SAR completion, and negotiable instrument monitoring filed at the Banking Centers and working alerts identified in the AML monitoring solution. Failure to comply can expose the Bank to regulatory fines and criticism.

• Independently responsible for review, accuracy and completeness of CTRs.

• Responsible for identifying and reporting of unusual activity related to CTRs, negotiable instruments, monitoring system alerts and unusual referrals as mandated by the Department and FinCen guidelines.

• Provides support to Branch offices on CTR information.

• Reviews/validates Branch negotiable instrument log and internally generated reports for accuracy and content.

• Prepares suspicious activity investigations for approval by the FIU Manager and BSA Officer.

• Meets assigned regulatory/departmental deadlines. Performs audit preparations.

• Prepares SAR back documentation for any law enforcement requests as well as communication with law enforcement agencies as necessary for case work. Independently responsible for review, accuracy and completeness of CTRs. Responsible for identifying and reporting of unusual activity related to CTRs, negotiable instruments, monitoring system alerts and unusual referrals as mandated by the Department and FinCen guidelines. Provides support to Branch offices on CTR information. Reviews/validates Branch negotiable instrument log and internally generated reports for accuracy and content. Prepares suspicious activity investigations for approval by the FIU Manager and BSA Officer. Meets assigned regulatory/departmental deadlines. Performs audit preparations. Prepares SAR back documentation for any law enforcement requests as well as communication with law enforcement agencies as necessary for case work.

• Analyzes specific functions to identify suspicious activity.

• Communicates with all areas of the bank including keeping the FIU Manager and BSA Officer informed of high profile cases.

• Supports other analyst positions during vacations and sick times.

Qualifications

• 2-4 years of banking experience required.
• 2 years of BSA/AML experience including CTR filing preferred.
• FinCen e-filing experience.

• Excellent analytical, evaluation, communication and interpersonal skills.

• Solid understanding of banking and fraud threats posed by Money Laundering activities.

• Knowledge of various systems including core banking systems, Hyland Web Director, BI and Microsoft Office required.

• Must have ongoing sense of urgency and high level of flexibility.

• Proficiency with computer programs including fraud identification and AML software.

• Organize workflow efficiently, self-direct personal training needs and utilize available resources.

• Proficient in MS Office (Outlook/Word/Excel/PowerPoint).

Education

• Bachelor's Degree in Business or equivalent work experience. 

Special Instructions to Candidates

• Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
• Please view Equal Employment Opportunity Posters provided by OFCCP here.
• The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
• Reasonable accommodation may be made to assist individuals with disabilities to complete the online application process. Please contact our Human Resources Department at 305-577-7680 or by e-mail at employment@citynational.com.